Hemis Alaska Gold Exploration Program Initiated
June 08 2007 - 5:30AM
PR Newswire (US)
LAS VEGAS, June 8 /PRNewswire-FirstCall/ -- (OTC Bulletin Board:
HMSO; Frankfurt: XZA) Hemis Corporation is an international
resource company with three exploration properties in Mexico and
one in Alaska. Hemis' Santa Rita property in Mexico has an earn-in
agreement with Goldcorp Inc. (TSX: G; NYSE: GG) through Goldcorp's
Mexican subsidiary Glamis Exploration. The Anchor Gold project is
in the Cook Inlet of Alaska and is one of Hemis' premium
exploration properties. It is believed that due to the size of the
project area, it could have great potential. A preliminary
oceanographic survey was begun last week on the Anchor Gold
project. On board instrumentation included a high-precision cesium
magnometer, a fathometer, side-scan sonar and a StrataBox(R). The
StrataBox is an instrument capable of imaging through sediments up
to 40 meters thick. The survey boat used a GPS control system and
also had a bottom sampler on board. This survey was intended to
both confirm the results of Aspen Exploration's previous work and
to provide baseline information for a drilling program planned for
later in the 2007 exploration season. The oceanographic survey
indicated that the water depth in the area of interest was less
than 10 meters in many of the areas of interest. This is an ideal
water depth from the standpoint of future exploration. The
magnetometer survey confirmed the position and strength of airborne
magnetic surveys taken twenty years ago by Aspen Exploration. Dr.
Douglas Oliver, the chief geologist for Hemis Corporation,
commented that this was a primary goal of the program. "Magnetite
and gold often occur together in placer deposits because of their
density. Verifying the off-shore magnetic anomalies is a big step
forward in advancing this project," Dr. Oliver stated. Due to high
waves at the time, it was not yet possible to use the StrataBox or
the bottom sampler. The oceanographic survey will be concluded in
July and may be expanded to take into account new data currently
being acquired. In other developments, Earthfield Technology has
finished processing new aeromagnetic data purchased from Fugro
Airborne Systems. This data supersedes the original survey taken by
Aspen Exploration. It is hoped that the new survey will have both
better geographic controls and will resolve smaller scale features.
Negotiations are also ongoing with contractors for the late summer
drilling program. About Hemis Corporation Hemis Corporation is a
precious metals exploration company trading on the OTCBB under the
symbol HMSO and listed on the Frankfurt stock exchange under the
symbol XZA. Hemis Corporation is comprised of both a resource
division and a resource investment unit. Hemis' high profile team
is focused on evaluating gold projects with strong potential. The
resource investment unit is actively reviewing other natural
resource companies for joint ventures and investment. Hemis is
incorporated in Nevada, USA with its head office in Zurich,
Switzerland and North American corporate communications
representatives in Canada and the United States. Led by an
experienced team of exploration geologists and financial
professionals, this company has extensive international capital
markets experience and a proven track record. The statements
contained herein which are not historical are forward- looking
statements that are subject to risks and uncertainties that could
cause actual results to differ materially from those expressed in
the forward- looking statements, including, but not limited to,
certain delays beyond the company's control with respect to
commencement of drilling operations, concentration in mineral
deposits, delays in testing and evaluation of ore samples, and
other risks detailed from time to time in the company's filings
with the Securities and Exchange Commission. Hemis Corporation
Norman Meier +41 43 355 0228 President
http://www.hemiscorporation.com/ Hudson Capital, 1-604-662-3910
Investor Relations http://www.hudsoncapital.ca/ DATASOURCE: Hemis
Corporation CONTACT: Norman Meier, President of Hemis Corporation,
+41 43 355 0228; or Hudson Capital Investor Relations,
+1-604-662-3910, for Hemis Corporation; or Nick Iyer of Digital
Wall Street, Inc., 1-800-4-WALL-ST, for Hemis Corporation Web site:
http://www.hemiscorporation.com/ http://www.hudsoncapital.ca/
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